2 Questions You Need to Answer Before You Talk to a Bank
Banking | Financing | Uncategorized

2 Questions You Need to Answer Before You Talk to a Bank

Every business owner wants abundant cash flow in their business. It’s emotional and practical. Cash is like oxygen. Your business can’t function without it.  When cash is in short supply, owners become lightheaded, then despondent, then desperate. Cash represents success and lack of it, failure. It’s not a question of “if” cash is in short supply,…

Teaching Financials to Drive Performance: Part 3, The Cash Flow Statement
Financial Management | Growing Your Business | Profitability Coaching | Uncategorized

Teaching Financials to Drive Performance: Part 3, The Cash Flow Statement

Every business owner wants to increase cash flow to have more cash. But it’s frustrating trying to figure out which “levers” to pull to increase cash flow. It shouldn’t be so hard to have a business that brings in more cash than it spends. Recent studies show that the lack of cash flow is the…

Teaching Financials to Drive Performance: Part 2, The Income Statement
Financial Management | Growing Your Business | Uncategorized

Teaching Financials to Drive Performance: Part 2, The Income Statement

Every business owner has a big vision for their company and wants to make it happen. However, when the owner is struggling with making the company bigger, they often get confused or frustrated that it’s not happening. They didn’t teach you how to grow your company in college and there’s no on-the-job training when you’re…

Teaching Financials to Drive Performance: Part 1, The Balance Sheet
Financial Management | Growing Your Business | Profitability Coaching

Teaching Financials to Drive Performance: Part 1, The Balance Sheet

Every business owner wants to make more money and maximize profits. The problem is that many business owners don’t know how to manage the finances of their business or what levers to pull to improve overall profitability.  One of my business owner clients put it like this: “I never had a problem making money. Revenue…

2 Questions to Ask Yourself Before You Talk to a Bank
Banking | Financial Management

2 Questions to Ask Yourself Before You Talk to a Bank

Trying to get a line of credit? Frustrated with the bank process? You’re not alone. Navigating the banking landscape can be a very time consuming process.   There are two questions you need to answer before you start: Are you bank ready? Are you bankable? What is bank ready? Bank ready is nothing more than being…

4 KPI’s You Should Be Using In Your Business
Financial Management | Profitability Coaching

4 KPI’s You Should Be Using In Your Business

KPI’s, key performance indicators are critical for managing your business. You can’t manage what you don’t measure, right? Goals allow us to stay focused and manage our businesses effectively. Here are 4 KPI’s for you consider: Liquidity– You may be profitable, but how much cash do you have in your bank account?   Measure your cash…

What’s the impact of being one percent better?
Profitability Coaching

What’s the impact of being one percent better?

Kaizen is the Japanese word for gradual continuous improvement. It simply means change for better. So, how does this apply to you and your business? As you begin to make plans for 2018, I’d like to challenge you to commit to making a series of 1% gradual continuous improvements in your business across the board….

2 Questions You Must Answer Before Talking to a Bank
Banking | Financial Management

2 Questions You Must Answer Before Talking to a Bank

Trying to get a line of credit? Frustrated with the bank process? You’re not alone. Navigating the banking landscape can be a very time consuming process.   There are two questions you need to answer before you start. Are you bank ready? Are you bankable? What is bank ready? Bank ready is nothing more than being…

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